China will be the AI superpower
The US is sleepwalking into defeat
The US is sleepwalking into defeat
Like the military, Trump can only take on one major tariff target at a time
America’s rivals are exploiting Trump’s split with Europe
US-China trade talks approach a crisis
Beijing has been ruthlessly willing to use technology and force against the Uighurs
China is creating a new world order
If you’re paying to gain foreign influence, shouldn’t you buy off someone with…power?
The president wants to deliver peace in our time in Asia
Distant thunder rumbles when ‘recession’ creeps back into America’s vocabulary
The telecoms giant is caught up in another spying scandal
‘On opening my bag, I found a bottle of Jack Daniels with a note from the future President of the US’
Tensions can spawn a crisis when you least expect them
Factionalism within the White House itself and in-fighting over Washington’s China policy was on full display
Globalists beware: inflation is a tax on the poor
Beijing will seek friends in defence of globalisation and the other mantras Xi likes to unroll
Sydney For decades, Australia has been known as ‘the lucky country’. At the end of the world geographically, we are separated from the global troublespots by vast oceans. We have recorded 27 years of uninterrupted growth, partly because of a surge in exports of commodities to China. At the same time, our tough border protection policies boost public confidence in, as John Howard put it, ‘who comes to this country and the circumstances in which they come’. As a result, our politics have not been profoundly affected by the kind of populist forces dismantling established parties across Europe. Nor have we witnessed an anti-globalisation backlash. Not for us any Trump-
Given the mutual bluster, threats and sabre-rattling we got used to from Donald Trump and Kim Jong-un, it may be hard to credit the air of sweet reasonableness that has spread over the Korean peninsula in recent weeks leading to the weekend announcement of an end to weapons testing by the North. The potential for a reversion to confrontation is all too evident. Pyongyang has a long record of reneging on agreements and its announcement contained no mention of a reduction in its arsenal that includes missiles which can hit Japan and South Korea even if it stops development of ICBMs aimed at the USA. But, for the moment at
When Anthony Scaramucci announced that he was writing a book about his time with Donald Trump, the joke was that it should be entitled ‘Ten Days That Shook the World’. This, he says, does him an injustice because he managed 11 days as White House communications director before being fired — after a lava flow of stories that seemed extraordinary even by Trumpian standards. But he remained loyal to the President, and has been speaking in his defence ever since. This book promises to reveal one of the deepest mysteries in American politics: how Trump’s mind works. ‘I’m almost done with the manuscript,’ he says, fresh from a meeting with
China ’s imposition today of tariffs on 128 imports from the US was inevitable – and is no doubt exactly the reaction that Donald Trump wants, giving him the excuse to announce yet more tariffs in addition to those on steel and aluminium imports which he has already imposed. After all he did say, even before China announced any form of retaliation: “trade wars are good. It should easy for the US to win one”. A trade war is what he wanted, and what he has got. But does he have any more of a strategy for his trade war than George W Bush had a plan for winning the peace
Nobody likes the sound of trade war, and rightly so. China’s new retaliatory tariffs against US products feel like the beginning of something bad: an escalating tit-for-tat trade conflict between the world’s richest countries which could choke the global economy. But there are good reasons to think that, far from being another silly move by a hothead president, Trump’s right about trade with China and that, as he has with North Korea, he is grasping a dangerous nettle that other presidents dared not touch. It may be scary, but it needs to be done. And it’s not just necessary for America, but perhaps the rest of the world as well.